Pulnovo Medical announced that it closed a Series C funding round worth proceeds of nearly $100 million. Qiming Venture Partners and existing shareholder Lilly Asia Ventures co-led the financing. Existing investors OrbiMed and Gaorong Capital participated on a super pro-rata basis as well. Shanghai-based Pulnovo said the $100 million represents made the round oversubscribed by […]
Radiosurgery/Radiation therapy
Biotronik, Egg Medical collaborate to protect healthcare workers from radiation
Biotronik and Egg Medical are partnering to improve radiation protection for interventional healthcare workers. The two companies are collaborating to sell Egg Medical’s EggNest Radiation Protection Systems for healthcare workers in the U.S. The EggNest Systems, which includes EggNest XR, EggNest Protect, and EggNest Complete, can be used in a variety of fluoroscopy procedures without […]
GT Medical raises $37M to advance bioresorbable radiation tile
GT Medical Technologies announced today that it completed a $37 million first close of a Series D financing round. The funds support the completion of clinical studies for the Tempe, Arizona-based company’s GammaTile system. That includes the ROADS clinical study evaluating GammaTile for newly diagnosed brain metastases and the GESTALT clinical trial for patients with […]
Siemens Healthineers acquires Novartis molecular imaging business
Siemens Healthineers announced today that it completed the acquisition of Advanced Accelerator Applications Molecular Imaging from Novartis. The newly acquired unit is a European manufacturing and distribution network of diagnostic radiopharmaceuticals for positron emission tomography (PET) scans. According to a news release, it will be known as “Advanced Accelerator Applications, a Siemens Healthineers company.” Reports first […]
First U.S. cases performed with Medtronic Affera ablation system
A hospital in Texas announced today that its electrophysiologists completed the first U.S. cases with the Medtronic (NYSE:MDT) Affera platform. EPs at the Texas Cardiac Arrhythmia Institute (TCAI) at St. David’s Medical Center performed the procedures with Affera. Dr. Andrea Natale and Dr. Amin Al-Ahmad conducted the first procedure on Nov. 7. A Medtronic spokesperson […]
Philips wins FDA clearance for new detector-based radiotherapy system
Philips (NYSE:PHG) announced today that the FDA granted 510(k) clearance for its new detector-based spectral computed tomography (CT) radiotherapy solution. The company says its Spectral CT 7500 RT marks the next step in personalized cancer care. It integrates the unique tumor visualization and tissue characterization capabilities of spectral CT into cancer treatment and planning. With […]
FDA approves Abbott CGMs for use during medical imaging
Abbott (NYSE:ABT) today announced a significant regulatory milestone that could make common medical procedures easier for people with diabetes. Our sister site, Drug Delivery Business News, reports today that the FDA cleared the removal of the imaging contradiction for the FreeStyle Libre 2 and 3 continuous glucose monitors (CGMs) for procedures like X-rays, CT scans and […]
FDA approves Medtronic’s Affera cardiac mapping and ablation system and Sphere-9 catheter
Medtronic (NYSE:MDT) today said it received FDA approval for its Affera mapping and ablation system with the Sphere-9 catheter. The all-in-one, high-density (HD) mapping, pulsed field ablation (PFA) and radiofrequency (RF) ablation system treats persistent atrial fibrillation (AFib) and offers RF ablation for cavotricuspid isthmus (CTI) dependent atrial flutter. Medtronic also recently received the FDA’s […]
Nerve ablation tech developer Autonomix to effect a reverse stock split
Autonomix (Nasdaq:AMIX) announced today that it filed to effect a 1-for-20 reverse stock split of its common stock. The Woodlands, Texas-based Autonomix plans for the split to take effect at 11:59 p.m. ET on Oct. 24, 2024. It plans for its common stock to open trading on the Nasdaq market on Oct. 25, 2024, on a […]
8 breast cancer tech stories you need to know
October is Breast Cancer Awareness Month, a critical time to spotlight the latest innovations in medical devices designed to improve breast cancer diagnosis, treatment and patient outcomes. Breast cancer is a group of abnormal cells growing uncontrolably, starting in the breast tissue. Nearly all cases of breast cancer affect women, but men can get the […]
The top 10 women’s health stories of the year so far
It has been a blockbuster year for women’s health as the federal government and medtech place particular focus on the wellbeing of women. At the start of the year, President Joe Biden announced the federal government would focus its health initiatives on improving women’s health outcomes. Since then, his administration has announced two other federal […]